Preliminary Final Report

Highlights

• Delivered record total income and underlying EBITDA for the year ending 30 June 2023
• Full year total income $20.7m, up 25% from last year
• Full year Underlying EBITDA $2.0m, up 80% from last year
• Positive cash flow from operations of $2.1m, up 96% from last year
• Strong financial results attributable to underlying profitable growth from both the transport software and infrastructure contracting businesses
• Healthy balance sheet with cash and cash equivalents of $4.4m and net assets of $15.9m as of 30 June 2023
• Strong momentum into FY2024 with the award of several SaaS and infrastructure services contracts, and settlement of the Future Fleet acquisition

Please download the report here.